2013-08-15T10:04:55-05:00 2012-12-31 231144520 TAIT WELLER & BAKER LLP 1818 MARKET STREET SUITE 2400 PHILADELPHIA PA 19103 990 2012-01-01 222714023 AMERICAN BAPTIST FOUNDATION AMER 6107682035 PO BOX 851 VALLEY FORGE PA 194820851 PERKIN SIMPSON 6107682035 2013-08-15 1 STACY CULLEN P00974308 2159798800 2013-08-14 2012 2016-02-25 16:41:14Z PERKIN SIMPSON PO BOX 851 VALLEY FORGE PA 194820851 34914697 0 X WWW.ABCOFGIVING.ORG X 1986 PA TO FUNDRAISE FOR AMERICAN BAPTIST MINISTRIES. 13 13 5 13 0 0 6456411 6495884 576660 581962 1555489 1912053 46094 6745 8634654 8996644 579388 456438 0 0 405326 450165 0 0 48013 317289 333951 1302003 1240554 7332651 7756090 94743253 107281932 62386562 66968279 32356691 40313653 TO SUPPORT AND STRENGTHEN THE CHRISTIAN WITNESS FULFILLED BY THE FOUNDATION'S PARTNERS IN MINISTRY AND MISSION. THESE INCLUDE AMERICAN BAPTIST HOME MISSION SOCIETIES, AMERICAN BAPTIST INTERNATIONAL MINISTRIES AND A MAJORITY OF AMERICAN BAPTIST REGIONS. 0 0 564222 456438 581962 RELIGIOUS PROGRAMS. THE FOUNDATION WORKS WITH AMERICAN BAPTISTS TO ENCOURAGE PLANNED GIFTS FOR AMERICAN BAPTIST MINISTRIES, ISSUING GIFT ANNUITIES AND SERVING AS TRUSTEE FOR CHARITABLE REMAINDER TRUSTS. THREE NEWSLETTERS ARE ISSUED ANNUALLY, STAFF CONDUCTS SEMINARS IN CHURCHES (ABOUT 100 ANNUALLY) AND WORKS DIRECTLY WITH POTENTIAL DONORS. 564222 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 5 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X PAT SCANLON 6107682035 PO BOX 851 VALLEY FORGE PA 194820851 AIDSAND WRIGHT-RIGGINS 1.00 X 0 0 0 CASEY GNAGE 1.00 X 0 0 0 MICHAELE BIRDSALL 1.00 X X 0 0 0 RILEY WALKER 1.00 X 0 0 0 WILLIAM CARLSEN 1.00 X X 0 0 0 DEBRA SCHILL 1.00 X X 0 0 0 REID TRULSON 1.00 X 0 0 0 LEO S THORNE 1.00 X 0 0 0 LAWRENCE SWAIN 1.00 X 0 0 0 DAVID CARRICO 1.00 X 0 0 0 PHILLIP GSCHOCK 1.00 X 0 0 0 SARAH HODGES-AUSTIN 1.00 X 0 0 0 AROY MEDLEY 1.00 X 0 0 0 PERKIN SIMPSON 45.00 X 62426 0 37860 62426 0 37860 0 0 0 0 0 410800 6085084 6495884 MANAGEMENT FEES 525990 491067 491067 SERVICE INCOME 525990 90895 90895 581962 1980248 1980248 25849858 25918053 -68195 -68195 -68195 MISCELLANEOUS INCOME 900099 6745 6745 6745 8996644 588707 0 1912053 456438 456438 100286 20051 80235 287708 57525 230183 35237 7045 28192 8788 1757 7031 18146 3628 14518 41087 41087 48013 48013 26816 274 26542 70437 70437 29598 29598 42914 14641 28273 672 672 20338 20338 CONTRACTED SERVICES 37590 2863 34727 BOARD EXPENSE 14827 14827 MISCELLANEOUS 1659 1659 1240554 564222 628319 48013 X 6168541 5378357 51039 160090 415956 442881 4452 671 0 3781 87329450 100528103 41667 14286 736600 754434 94743253 107281932 168898 177547 62217664 66790732 62386562 66968279 X 2722323 3857183 79557 1311726 29554811 35144744 32356691 40313653 94743253 107281932 X 7756090 1585384 -1384512 X X 0 1 X 1 0 X X X 0 0 0 AMERICAN BAPTIST HOME MISSION SOCIETY 135602314 501 (C) (3) 0 1 1 136399 AMERICAN BAPTIST FOREIGN MISSION SOCIETY 135563392 501 (C) (3) 0 1 1 136399 2 272798 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9 40016 109000 1269404 1 1 29654564 5884476 2208589 1270963 36476666 24207336 5888598 -415718 25652 29654564 15709094 7662264 976871 140893 24207336 6866930 8506004 702436 366276 15709094 4455777 3367761 -496043 327548 6999947 0.61000 0.39000 0 0 4452 671 3781 3781 ANNUITY ACTUARIAL LIABILITY 4123486 FUNDS OF OTHERS 62667246 66790732 X 10121041 1585384 -460987 1124397 8996644 0 8996644 2164079 923525 923525 1240554 0 1240554 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION HAS REVIEWED THEIR TAX POSITIONS AND HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -460,987. PART XII, LINE 2D - OTHER ADJUSTMENTS: DISTRIBUTIONS FROM ENDOWMENT FUNDS 923,525. 1 CONNECTING WITH GLOBAL PARTNERS LOCALLY 501(C)(3) 8366 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. RETURNING THE MORNING STAR TO KAREN PEOPLES 501(C)(3) 28000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. THAILAND EVANGELISM AND LEADERSHIP PROGRAM 501(C)(3) 7272 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. LEADERSHIP DEVELOPMENT STUDY GRANTS 501(C)(3) 30000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. IGNITE-YOUTH LEADERSHIP DEVELOPMENT 501(C)(3) 32115 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. CHRISTIAN PEACEMAKERS 501(C)(3) 12500 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. INDIGENOUS MISSION PROJECT 501(C)(3) 28000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. AMIGOS PROJECT 501(C)(3) 18000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. AMITY FOUNDATION 501(C)(3) 40950 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. INDIA MISSIONARY MOVEMENT 501(C)(3) 8000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. MAE KORN YOUTH EDUCATION 501(C)(3) 11205 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. LAHU BAPTIST WOMEN'S SOCIETY 501(C)(3) 6552 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. ECO-EMPOWERMENT 501(C)(3) 7698 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. SYMBIOSIS- BEDE DEVELOPMENT 501(C)(3) 12028 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. INITIAL STAFF INVESTMENT 501(C)(3) 24752 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. CHRISTIAN LEADERSHIP DEVELOPMENT 501(C)(3) 18000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. CHRISTIAN PEACEMAKERS INTENSIVE CONFLICT TRANSFOR 501(C)(3) 23000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. PEACE CONGRESS 501(C)(3) 10000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. MYNAMAR BAPTIST CONVENTION (MBC) 200TH ANNIVERSARY 501(C)(3) 20000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. EDUCATION ASSISTANCE TO IDP'S IN KACHIN STATE 501(C)(3) 20000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. MOSCOW PROTESTANT CHAPLAINCY 501(C)(3) 10000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. LEADERSHIP DEVELOPMENT SCHOLARSHIP GRANTS 501(C)(3) 30000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. EUROPEAN BAPTIST FEDERATION- INDIGENOUS MISSIONARY 501(C)(3) 40000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. NEPAL BAPTIST CHURCH COUNCIL (NBCC) 501(C)(3) 10000 PALMER GRANT PROGRAM. THESE GRANTS ENHANCE MINISTRIES OF DISCIPLESHIP AND INCARNATIONAL PRACTICE IN AMERICAN BAPTIST CHURCHES USA (ABCUSA) CONGREGATIONS AND ABCUSA-RELATED ORGANIZATIONS. 24 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: THE ORGANIZATION REQUIRES THE GRANT RECIPIENTS TO FILE AN INTERIM REPORT OF THE PROGRESS MADE ON THE PROJECT FOR WHICH THE GRANT WAS MADE NO LATER THAN SIX MONTHS AFTER THE DATE THAT THE GRANT FUNDS WERE DISBURSED. IN ADDITION, THE GRANT RECIPIENT MUST FILE A FINAL COMPREHENSIVE REPORT ON THE STRUCTURE, REACH AND IMPACT(S) OF THE PROJECT INCLUDING A CRITIQUE OF ITS STRENGTHS AND WEAKNESSES. THIS FINAL REPORT MUST BE SUBMITTED NO LATER THAN TWELVE MONTHS AFTER THE DATE THAT THE FUNDS WERE DISBURSED. FORM 990, PART VI, SECTION B, LINE 11 THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE PRESIDENT WHO IS ASSISTED IN THE PROCESS BY THE BUSINESS MANAGER BEFORE FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL EMPLOYEES ARE REQUIRED TO SIGN A CONFLICT OF INTEREST STATEMENT. COMPLIANCE WITH THIS POLICY IS MONITORED ON A CONSISTENT BASIS BY THE BOARD OF DIRECTORS. IF ANY POTENTIAL CONFLICT ARISES, THE BOARD IMMEDIATELY MAKES IT KNOWN TO THE PERSON(S) INVOLVED. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE PRESIDENT AND OTHER ORGANIZATION OFFICERS IS DETERMINED BY THE BOARD OF DIRECTORS USING ALL RELEVANT INFORMATION THAT IS READILY AVAILABLE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 9: DISTRIBUTIONS FROM ENDOWMENT -923,525. CHANGE IN VALUE OF SPLIT INTEREST AGREEMENTS -460,987. FORM 990, PART XI, LINE 2C THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT AUDITOR. THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. FORM 990, SCHEDULE A, PART 1 FOR THE 2012 990, AMERICAN BAPTIST FOUNDATION HAS PROPERLY CHECKED BOX 11 ON SCHEDULE A. THIS IS IN ACCORDANCE WITH THE ENTITY TYPE LISTED ON THE IRS DETERMINATION LETTER. IN PRIOR YEARS, AMERICAN BAPTIST FOUNDATION HAD BEEN INCORRECTLY DESIGNATED AS A CHURCH ON SCHEDULE A AMERICAN BAPTIST HOME MISSION SOCIETY PO BOX 851 VALLEY FORGE PA 19482 135602314 ESTABLISHING, MAINTAINING OR AIDING BAPTIST CHURCHES OR MISSIONS IN THE U.S. PA 501(C)(3) 1 0 AMERICAN BAPTIST FOREIGN MISSION SOCIETY PO BOX 851 VALLEY FORGE PA 19482 135563392 BRINGING U.S. AND PUERTO RICO CHURCHES TOGETHER WITH PARTNERS WORLDWIDE PA 501(C)(3) 1 0 AMERICAN BAPTIST MULTI-REGION CORPORATION PO BOX 851 VALLEY FORGE PA 19482 ESTABLISHING, MAINTAINING OR AIDING BAPTIST CHURCHES OR MISSIONS IN THE U.S. PA 501(C)(3) 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0